THE AUTHORITY HEREBY CONFERRED SHALL EXPIRE AT THE CONCLUSION OF THE NEXT ANNUAL GENERAL MEETING OF THE COMPANY (UNLESS PREVIOUSLY RENEWED, VARIED OR REVOKED BY THE COMPANY IN A GENERAL MEETING) PROVIDED THAT THE COMPANY MAY BEFORE SUCH EXPIRY MAKE AN OFFER OR AGREEMENT WHICH WOULD OR MIGHT REQUIRE RELEVANT SECURITIES TO BE ALLOTTED AFTER SUCH EXPIRY AND THE DIRECTORS MAY ALLOT RELEVANT SECURITIES IN PURSUANCE OF SUCH OFFER OR AGREEMENT NOTWITHSTANDING THAT THE AUTHORITY HEREBY CONFERRED HAS EXPIRED. THAT THE DIRECTORS ARE HEREBY GENERALLY AND UNCONDITIONALLY AUTHORISED PURSUANT TO SECTION 1021 OF THE COMPANIES ACT 2014 TO EXERCISE ALL POWERS OF THE COMPANY TO ALLOT RELEVANT SECURITIES (WITHIN THE MEANING OF SECTION 1021 OF THE COMPANIES ACT 2014) UP TO AN AGGREGATE NOMINAL AMOUNT EQUAL TO 2,000,000
OF THE SAID ACT DID NOT APPLY TO ANY SUCH ALLOTMENT UP TO AN AGGREGATE NOMINAL AMOUNT OF 2,000,000, PROVIDED THAT THIS POWER SHALL EXPIRE ON THE CONCLUSION OF THE NEXT ANNUAL GENERAL MEETING OF THE COMPANY UNLESS AND TO THE EXTENT THAT SUCH AUTHORITY IS RENEWED, REVOKED OR EXTENDED PRIOR TO SUCH DATE, SAVE THAT THE COMPANY MAY BEFORE SUCH EXPIRY MAKE AN OFFER OR ARRANGEMENT WHICH WOULD OR MIGHT REQUIRE SECURITIES TO BE ALLOTTED AFTER SUCH EXPIRY AND THE DIRECTORS MAY ALLOT EQUITY SECURITIES IN PURSUANCE OF SUCH AN OFFER OR AGREEMENT AS IF THE POWER CONFERRED BY THIS RESOLUTION HAS NOT EXPIRED. THAT THE DIRECTORS OF THE COMPANY ARE HEREBY EMPOWERED PURSUANT TO SECTION 1022 AND SECTION 1023(3) OF THE COMPANIES ACT 2014 TO ALLOT EQUITY SECURITIES (WITHIN THE MEANING OF SAID SECTION 1023) FOR CASH PURSUANT TO THE AUTHORITY CONFERRED BY RESOLUTION 2 ABOVE AS IF SECTION 1022 (1)